Business Background

PUC Bhd is an investment holding company. The company has aggregated its operations into three reportable segments, Advertising and Media segment; Biometrics and Renewable Energy segment; and Financial Services segment. Biometrics and Renewable Energy segment provides fingerprint verification products, information technology solutions and involved in other renewable energy projects. Advertising and Media Segment engages in advertising and media brokerage and consultancy; Financial Services segment is engaged in the provision of financial planning and advisory services, and agency of insurance. Advertising and Media segment is the major revenue contributor to the company.

AnthonylohAs I said before, PP still under subscript by Macquarie Bank = share's price and trading volume under control by them (read the agreement), now the share price already bellow floor price 0.18, after 3 weeks, so far the PP only subscript 28m from 159m, so the share price never rebound before completed PP subscription (I have review some Macquarie Bank subscription), hope this time is exception, but I give up here last 2 weeks, Good luck!

07/08/2018 12:30

sitiaAnthonyloh, if PP subscription is less than 159m after few more months, what will happen then?Will entire 159m be subscribed? By who?

AnthonylohSitia, the 159m PP sure will fully subscript for Macuarie Bank within 6 months.but don't know how long Macquarie Bank will spend to completed, this time really disappoint with the subscription price.

AnthonylohDaily8, the 1st subscription price is 0.164 for 5m shares, 2nd is 0.167 for 5m shares, 3rd is 0.168 for 8m shares and 4th is 0.161 for 10m shares. Just worry will same as Trive, 1st subscription price is 0.054...after 6 months of last subscriptin price press down till 0.022. before I thought PUC PP price at least can get over 0.20 after discount 10%, at the end the price lower than proposed price 0.183, if 0.183 they can get RM29m and pay the acquisition of 11 street for RM40m, even 0.183 they still less RM11m for acquisition, now the PP price lower and lower, so the gap more and more big. the last payment date for acquisition 11street is end of this month, see how they pay it, maybe they have other way.

scholarThanks for sharing Anthony.. I’m stuck with Trive for half year d

08/08/2018 17:57

bowman11 street not on the fast track. why should this company invest in it god knows

08/08/2018 21:44

nklyeGenerally, most stock markets were affected by conditions of regional and world market, ours include. So it is not mainly due to individual stock. Most stocks suffering the same down trend for past two or three months. Now overall sentiment of BSKL has improved where its index has climbed to above 1800 for the first time since it has dropped from above 1800 after GE14. Many penny stocks and blue chips too which were battled are now rushing to move up to its previous level before GE14. Seems rotational will come to play. Those lagged will get attention to be snacked up to be at the same level with those which are still moving up... So PUC will soon be push up too.

09/08/2018 02:52

Daily8Anthony, assuming the price is gaping lower becoz of not meeting the demand for the PP, even discount 10% from 20 cents will be at least 18 cents. Now it's about 17 cents. I feel the PP subscribers are pressing down the price thru open market. Let's see if the current support at 17 is not broken.

09/08/2018 10:21

AnthonylohNklye, if you free, you may read the agreement of PP by Macquarie Bank here: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5839505 and the side letter amend here: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5857293

so you will know that the share price and volume is under control, even BSKL reach 1900 PUC share price also never push up, unless Macquarie Bank amend again the agreement or got tycoon to disturb acquire via open market.

09/08/2018 10:22

AnthonylohDaily8, yes, its clearly purposely press down, I have record everyday of the movement and average price and volume (for my homework), if today get another subscription, the subscription price is only 0.15+ after discount.and today vol limit is 27m. lets see.

nklyeTQ Anthonyloh. They are many terms in the PP agreement that we laymen don't really understand or what the intention of both sides want to get from the PP. However I hv heard about this bank's same undertaking with Netx where its price was battled from about 0.07 to present 0.025 or 0.03. What really this bank intention...? To suck from the unknowingly shareholders?

10/08/2018 01:21

HoselGohThe 11streets is it the 11 streets online shopping? If yes, I feel the company is invested in the right track, most of the consumer online shopping already..

AnthonylohThe last PP subscription price is 0.154, is lowest so far and yesterday closed market average trading price also lowest, only 0.166. So is more clearly they press down the price more and more, so far the PP only subscript 32m from 159m, around 20%, still have 80% to waiting subscript, yesterday closed 0.165, if next week touch 0.16 then the share price will press down again, and next monday's volume limit is only 25m.

nklye, The bank is sure only have one intention, thats profits, e.g: like now PUC PP, so far the highest subscription price is 0.168 and the lowest is 0.154 and still press down, the PP is 159m shares, after completed and slightly push back to 0.18-0.20, the bank is already profits 4-5m, while the ikan bilis? maybe some collect now can get a bit pocket money or few meals, but who bought above 0.20 will still stuck there. In both parties (company and bank), definitely PUC is loser in this PP subscription agreement, cause they failed to raise enough of their target's fund, unless the both parties agree to push back the share's price (this possible is very low).

11/08/2018 12:40

Daily8@Anthony, in this case, for those who collected at 17 cents need to hold too. If it dive lower than 15, I strongly opine to only collect when it’s lower. If PP is 14, we collect also at 14. There is no other options for now unless somebody can break this cycle her. Anyone?

Don’t do any averaging and if Seller do not sell, this PUC will still win! Because Seller keep selling it due to price war, giving in only meant to give up upon yourself.. that is why Bankers are able to collect low.

my advice, DO NOT SELL. THOSE TRAP ABOVE 20, there isn’t much u can do for now, cut loss will cut deep into your pocket unless your bank accounts are big enough, BUT WHAT IS THE POINT?

if Seller hold, no way Buyers can buy. ITS ALL UP TOYOU to follow my advice or not.

Infiltraderhttp://www.klsescreener.com/v2/news/view/417060 KUALA LUMPUR: 11street, one of the leading online marketplaces in Malaysia, is seeing a new revolution that will further enhance the user shopping experience and make significant contributions to the digital economy in Malaysia.

This transformation comes on the heels of a strategic partnership between 11street and PUC Ventures Sdn Bhd.....

Daily8sonyx123, as expected, coz PP still accumulating and price will be pressed down in order to get the subscription. Try to see it from another view. PP accumulating which is good.

When market is hot, most will cut loss over PUC and move on with other counters, like FRontkn, Eforce,FPGRp and lots more.

I am waiting for price to keep falling down. I don't mind it fall and I don't mind it goes up.If it goes to a support, I'll enter with big. I'll still look into PUC becoz their future is bright. I will hold it for my mid to long term investment.